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Search Results 0 to 49 of about 117 (some duplicates have been removed)
on mcconnell's compromise plan as early as this week. that would mean republicans get big spending cuts in exchange for zero tax increases. the president vowed that that wouldn't happen. tonight let's be an honest broker and make sure he keeps his word. >> i do not see a path to a deal if they don't budge, period. >> president obama drew a line on taxes last week. republicans are running out the clock, and it looks like the president is caving. senator sheldon whitehouse is here. one of the key figures in the news corporate fox hacking scandal is found dead, and there's more trouble in the united states for rupert murdoch. filmmaker robert greenwall on the latest. in psycho talk tonight. >> yes, they have the right to do that. that's not discriminating based upon religion against their particular religion. >> republican presidential hopeful herman cain has a warped understanding of the constitution. more anti-islam remarks from the godfather's pizza man. tonight, he's attacking another candidate on his religion. remember last week everybody was saying, well, the president is in such a g
," washington. >> tom: if richard cordray is confirmed, part of his job will be checking the books of big banks. we'll get a better idea of how they're doing in the coming days when many report quarterly earnings. by the end of this week, 40% of financial firms in the s&p 500 will have reported their numbers. as a group, the results are expected to be downright awful. erika miller reports. >> reporter: banks are the heartbeat of the economy, so their health is often used as a barometer of the recovery-- and the stock market. unfortunately for investors, bank analyst jim sinegal sees plenty of uncertainties ahead. >> in addition to macroeconomic uncertainties, with unemployment high, with g.d.p. growth slow, will the banks be able to add new loans? that's number one. number two is the regulatory uncertainty. we are still not sure where capital levels are going to fall out, and how that's going to affect profitability. >> reporter: as for profitability, diversified financials are expected to be the worst performer this earnings season-- down 94%. this is the group that includes bank of america, j
of the need for a course correction. but weeks of negotiations have shown his commitment to big government is simply too great to lead to the kind of long-term reforms we need. >> reporter: reid says lawmakers must find a solution. >> we'll stay in session every day, saturday and sunday until congress passes legislation to prevent the united states from defaulting on negotiation. >> reporter: in chicago, key ally expressed support for the mcconnell-reid plan. >> more work to be done. joint committee can tackle it but it's responsible way out of the crisis. >> reporter: lindsey graham favors constitutional amendment but there isn't enough support in the senate. >> we have the people behind us. 72% of the american people want balanced budget. >> reporter: the president called for shared sacrifice. >> i am still pushing for to us achieve a big deal. but what i said to the group is if we can't do the biggest deal possible, then let's still be ambitious. let's still try to at least get a down payment on deficit reduction. >> reporter: but the cochair of the president's own deficit commission ha
but only after a big budget cuts, a spending cap, and the adoption of a balanced budget amendment. president obama says that he will veto that bill. >>> the loudoun county board of supervisors today is expected to vote on a plan that could lower the costs of the dulles rail project. the proposal by the u.s. transportation secretary would require the airports authority to reverse its decision and support an above-ground station. it would also require loudoun and fairfax counties to assume millions of dollars in those costs. >>> 5:05 on this tuesday. the guardian angels are taking action. >> today they will be along the metropolitan branch trail beginning today. this comes after a robbery since may. the group will join stepped up police trails in that area. critics stepped up police patrols. the you see someone suspicious, keep your distance and then contact police. >>> 7 is on your side with confirmation of a new type of crash avoidance system to reduce low speed rear end crashes. the highway loss data institute released a new study that looked at 2010 volvo's outfitted with a cras
coming with afternoon thunderstorms. that big complex, that cluster is p droidropping south of pitt. pretty good lightning and rain coming from morgantown, west virginia. right now best chance is around noon or 5:00 to 7:00 p.m. today to get these thunderstorms. could get a little hail too. 79 in leesburg, loudoun county. 73 degrees in gaithersburg. st. mary's, maryland, 79 degrees. by 9:00 a.m. pushing into the mid to upper 80s. danella? >>> we have breaking news in silver spring, montgomery county. a serious crash between a police cruiser and another car. everyone involved is expected to be okay. a large stretch of colesville road is closed right now as police conduct an investigation. news 4's megan mcgrath is live on the scene with the latest. >> reporter: colesville road a major commuter route closed in both directions. it could be another hour or two before it reopens. all because of a crash that opened early this morning. that crash involving a montgomery county police cruiser and another sedan. you can see where the cars ended up. the police cruiser very, very banged up in t
get our attention in a big hurry and we're going watch it. >> thank you. >>> the hacking scandal in the uk taking a dramatic turn. >>> and the new bomb shell dropped by an expert who testified at the casey anthony trial. >>> and pretty safe to say that this won't be the photo making the weeing bum. why a bride got busted on her big day. we'll be right back.  >> high drama inbrate ape as news corp chairman rupert murdoch, his son janes and former news of the world editor rebekah brookes testified about the phone hacking scandal that gripped the country for weeks now and shawn yancy has more on today's proceedings. >> reporter: when rupert murdoch addressed lawmakers, he seemed confused and flustered. the moments in the proceedings, a protestor interrupted the hearing and take a look. >> oh. >> a man tried to throw a foam pie into his face. wendy, the wife in the jacket quickly tried to s.w.a.t. it away. the police arrested the man. the hearing continued 10 minutes later, he continued the testimony saying while he's the ceo of the company that hacks phones, he's not res
, and a small room inside that parliament building just big enough for about 40 or so spectators, but there will be overflow rooms with lots of television screens. this is must-see tv today for all of britain and elsewhere. as one politician here put it, the three musketeers of the murdoch media empire and that phone hacking scandal will appear later today. now, they'll be grilled by ten members of a select committee on culture, sport and media. it doesn't sound very threatening. these hearings will only last for an hour. for rupert and his son james murdoch and another hour for rebekah brooks, who was the chief executive of murdoch's british holdings until she resigned last week. for the second hour. now, members of parliament will try to get the murdochs and brooks to commit themselves to say things on record that could be used against them later. what brooks and the murdochs, on the other hand, will do, is to be contrite. that's the new buzz word, apologize, apologize, apologize. there are biographers and media experts saying this could only hurt them today, this hearing will
hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. somewhere in america, there's a doctor who can peer into the future. there's a nurse who can access in an instant every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now. somewhere in america, we've already answered some of the nation's toughest healthcare questions. and the over 60,000 people of siemens are ready to do it again. siemens. answers. >>> here's how citigroup describes it. asking what the u.s. economy might look like after a possible u.s. treasury default is akin to asking what will you do after you commit suicide. here's how the treasury secretary put it in a meeting with democrats. if this country defaults on its obligations, it will be much worse than the great depression. it will make the massive financial crisis of 2008 look mild. it will make what we just went through look like a quaint little crisis. when moody's said
something big done. the president has made it clear he wants to do something substantial. >> sean: that was budget director lew talking about the debt negotiations. he says the president wants to do something substantial. we found out how hollow that pledge is. the administration announced if the republicans cut cap and balance pledge were to pass the house and senate, president crybaby would veto this the plan gaining momentum tackles america's fiscal crisis making mandatory spending reductions that would reduce the deficit, cap spending at 18% of the gdp and send to the states a balanced budget amendment to the u.s. constitution. those measures would prevent this president from pursuing his reckless tax and spend agenda, which explains why he's opposed to it. joining me with his take south carolina senator lindsey graham. how are you? >> good, thanks for having me. >> sean: it is simple to me. this is the moment of truth. they election in 2010, the biggest mid term in 70 years. i'll quote president obama, we won, conservatives won. cut, cap and balance, do you support it? >> tot
known and they talk about it a lot in the market, and is it getting big r bigger. >> the last time we heard about it is when he bought the "wall street journal," and they said that buying into the troubled newspaper sector is a bad idea and now newspapers like "news of the world" are shuttered and parts of the business and analysts love fox news and fox network and bskyb who he wants to own the rest of it which is off of the table now because of to scandal, but if they can concentrate on the high performing assets, they are okay in the long run. news corp is not going to allow the company to be hurt in the long run, but the newspaper division, clearly wounded. >> and they could have problems going forward, because yahoo!'s daniel gross did an interesting column on this and he said that the hit to the credibility will create a different freedom for working there and harder for places that the murdoch companies own to hire good journlgists, because to get them to come over after this is that you will have to pay them extra, and more to sort of deal with the reputational problems of the
. floor ads are big business across this country because -- come on, if you're a company who sells stuff? supermarkets, wouldn't you want a big, shiny floor ad like this one? a couple of years ago, a floor ad mysteriously started losing top clients. they didn't because people didn't want floor ads anymore. come on, they started losing clients because a rival company in the industry was starting to lose their clients. floor graphics was a small firm in new jersey, but a big players entered the arena, a big player with a bigger corporate parent, a company you may have heard of, news corp. news corp. had a u.s.-based company called news america marketing that was already involved in the supermarket advertising business but really wanted in on the awesome floor ads. the only problem was this small new jersey company, floor graphics, was dominating the market. you say problem, news corp. says opportunity. news corp. set its sights on taking this little company down. they had the right guy to do it, according to a fortune magazine profile, crushes a rival's skull with a baseball bat. who bette
many that's the big question everybody is asking. right now they are not releasing the answer. >> greta: have the police said whether it seems possible that one could tie her hands behind her back and feet and do this act? i suppose it is somehow possible but it seems improbable, but possible. >> to a lot of people certainly that would be unusual. that is what the law enforcement are saying what the sheriff's department is saying. it is possible. detectives said they've investigated cases where that has been the case. where a man or woman ties their hands behind their backs and takes their own life. the circumstances lead one to believe it is bizarre. that's all they are going to say. they don't know whether the two deaths are connected. if they are two separate tragedies or tieding to. the shacknai family that stays in this house in the summertime has not spoken that much, aside from confirming the death of max sunday. again, law enforcement not saying very much as well. just a very large mystery on coronado, which never sees this kind of action. >> greta: where was the -- where was th
republican presidential candidates have money problems. >> and big money, big problems? >> gop fund-raisers staying on the sidelines. >> for mitt romney it's 70% maxed out contributions. >> is newt aware he's running for president? >> the arrests continue as the british police close in on rupert murdoch's media empire scandal. >> every day we're seeing more inconceivable things happen. >> abandon ship. in the last 24 hours there have been two high level resignations. zo london's top cop. >> rebekah brooks was released on jail. >> rupert murdoch is supposed to face the scandal head on tomorrow. >> all eyes are trained on parliament tomorrow. >> they're cutting short a trip today to south africa. >> when is he going to do the decent thing and resign? >> congress now has 15 days to pass a bill to raise the debt ceiling before the united states government goes into a catastrophic default on august 2nd. today harry reid announced the senate will meet every day until the debt ceiling is raised. yesterday david rogers of politico discovered and reported that house speaker john boehner and
this thing? this big cut, cap and balance has nothing in it. i had a hunch it wouldn't be in there. i did something that nobody is doing in your house, in the republican side, reading it. there are no cuts here. where are the cuts? >> senator coburj introduced a plan -- >> it's not the coburn plan. it's the bumper sticker. >> the house has a plan. >> why do you keep saying this? >> chris, chris -- >> have you read it? >> no, i haven't read it. >> how do you know there's something in there -- i'm reading it right now and -- >> at least you're holding on to something. this is the president's plan. it's vapor, there is no plan, because there's no leadership. >> todd, the president's plan outlines $4 trillion in cuts over the -- >> there is no plan. >> that was a hostage video, and he is being held hostage by the tea party republicans. >>> let's go to the outlet pass as they say in football. president clinton has weighed in. he writes, quote, clinton says he would invoke the so-called constitutional option to raise the nation's debt ceiling, quote, without hesitation and force the courts to s
's an empty piece of paper and you're bragging about this thing? this big cut cap and balance has nothing in it, and i was amazed. i had a hunch it wouldn't be there. got copy of it. actually did something nobody dmog your house, in the republican side, reading it. there are no cuts here. where are the cuts? it doesn't say anything. go ahead. >> senator coburn introduced a plan that was extraordinarily detailed. >> it's not coburn plan, todd. >> it's the bumper sticker being voted on. >> the house has plan. coburn has a plan. >> have you read this, todd? have you read this? have you read it? >> no, i haven't read it. >> how do you know you're saying there's something in here and i'm reading it. >> at least you're holding on to something. this is the president's plan. right here. this is it. nothing. it's vapor. there is no plan, because there's no leadership. period. >> the president's plan outlines $4 trillion in cuts. >> there is no plan. >> to the speaker's credit, she being held hostage by tea party republicans. >> let's go to the outlet as they say in football. the outlet pass. forme
the cliff thelma and louise style but 43% of independents say what's the big deal? >> what's the pugh research? they only talk to 764 people. >> they did it all yesterday afternoon. >> by the way, we have a panel of independent voters coming up to see how they're feeling about the debt ceiling debate because obviously, they are the coveted group. >> that panel, 765. >> all right. >> a little bit bigger. >> we go to a panel of one. steve winn is the ceo of winn resorts. they have those casinos and stuff like that in vegas. he was on a conference call with investors and investment banks yesterday and he really let the president of the united states have it. we've got some quotes from the conference call. he says, here you go. "i'm saying it bluntly, that this administration is the greatest wet blanket to business and progress and job creation in my lifetime. and i can prove it and i can spend the next three hours giving you examples of all of us in this marketplace that are frightened to death about all the new regulations, our health care costs escalate, regulations coming from left
tennessee. can they sell it to the house republicans? >> that's a big question. i think what we saw today both from president obama and someone like lamar alexander is this isolation that going on of the house republicans, saying, look, the gang of six got a deal, that's why president obama went out this to say it. mitch mcconnell's got a backup plan. john boehner and i were kind of working together and, well, who's out of that picture? the house republicans. and the polls are increasingly showing that the house republican point of view is not popular with the american public. i mean, there's a "washington post" out -- poll out tonight that says that more than three-quarters of americans see the republican leadership as being too resistant. >> however, however, let's listen as we go back to kate bolduan on the hill, the democrats are reading the polls. the democratic leadership going to the floor essentially saying, republicans, why are you wasting our time? >> the public has had it with this theater of the absurd that's going on. they want congress to come together as our president has s
. >> the orioles and bring out the big bats, but so did the red sox. keith mills has highlights. >> don't forget to e-mail us your response to our water cooler question of the day. do you think baltimore city should repeal its newly adopted bottle tax? you can share your response at wbaltv.com and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> here is a look at last night's winning maryland lottery numbers. good luck. >> now traffic pulse 11 and insta-weather plus together. >> good morning. sarah caldwell checking on your morning commute. so far so good. not dealing with any new incidents. a nice ride on the west side coming down from 795. on 795 from owings mills, no delays to report there. problem-free ride i-95 from the northeast. so far so good on the north side. this is belair road. this is inner loop traffic towards 95. no delays to report there. 95 coming out of 152, mountain road, harford county, a smooth ride. not even a side of a haboob. that is the latest on traffic pulse 11. >> look what i started. we need a counter about how many times we say "haboob." as w
to do with what folks were just saying. you've got a big heart, and you share it with people, and nobody knows how to connect better than you do, and so we are just blessed and grateful to have you in our lives. >> thank you. thank you, mr. president. thank you, mrs. obama. >> thank you. oprah: thank you, everybody. see you tomorrow. that was great. thank you. [captioning made possible by king world] [captioning by the national captioning institute --www.ncicap.org--] too many nights alone at the spacebar. will l le ever find me? ♪ ♪ oh yes! ♪ what about love?! ♪ [ female announcer ] swiffer attracts dust. swiffer 360 dusters gets in hard to reach places. it picks up two times more dust thth a feather duster using thousands of fluffy fibers to lock dust away. you're just my type! [ laughs ] [ female announcer ] swiffer gives cleaning a whole new meaning. ♪ stars at night are big and bright ♪ ♪ deep ininhe heart of texas ♪ >> we heard that song on the way in. >> you've got cowboy boots on too, you can't see them, heels this big. >> trust us, that song actually
the republican ranks? juan and mary katharine are investigating. >> president obama, you have been a big supporter. >> i'm going to vote for him for his re-election in 2012. >> a bevy of hold stars once again funneling big money at the president's campaign. we will run down the list. caution, you are about to enter the no spin zone, the factor begins right now. captions by closed captioning services >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. the future of the country hangs on the debt debate. that is the subject of this evening's talking points memo. on paper, the debt thing is boring. and many americans aren't paying attention. but the controversy will define the future of the u.s.a. on one side, president obama, the democratic party, want america to become an entitlement state that compels social justice. financially supporting americans who can't o. won't support themselves. >> on the other side, republicans want a lean mean economic machine. the g.o.p. doesn't much care about providing money to those who have not. the party wants to drastically cut government spe
. >> whether you get the big or not, you know this won't pass the senate. >> i don't know if it will or won't. >> do you believe we should raise the ceiling? yes or no. >> if the senate is responsibility, then cut, cap and balance will pass. >> let me ask you a question -- do you agree with the president that we need to raise the ceiling, president obama? >> i will vote to raise the debt ceiling if we address the long-term issue of federal insolvency caused by -- if we do not address the long-term issue, the risk associated with piling on higher and higher debt loads, if we don't address that, then, no, sir, i will not vote for the debt ceiling. >> ronald railinger, who was someone i'm sure you admire, let me show you what he said about the dead ceiling, maybe you should tell your colleagues this. >> i'm familiar with this quote. >> congress consistently brings the government to the edge of default before facing its responsibility. this brinksmanship threatens the holders of government bonds, those who rely on associate security and vet ran benefits. the united states has a special responsi
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, the social security benefits drop 22%. that's a big hit for folks that are living on social security. so what can we do today, 25 years in advance, what small thing can we do today to social security which will build up the solvency and life of social security for even more years? that's a -- i think that's an honest challenge and we should view it as an honest challenge. not to eliminate social security but to say to the generation of younger workers in america, it's going to be there and you'll be darn lucky that it is there because a lot of seniors today can tell you the story of their lives paying into social security. they now receive the benefits. but what happened to their other plans for retirement? well, that little 401(k), that ira, that s.e.p. plan took a hit a few years ago, lost about 30% of its value. and for many americans with pension plans where their work, some of those companies went out of business and walked away from those pension obligations. social security has been there. we want it to be there in the future. so we can find ways to strengthen social security and give
if a big bank goes under. second, it said to wall street firms, you can't take the same kind of reckless risks that led to the crisis. and third, it put in place the stronger -- the strongest consumer protections in history. now, to make sure that these protections worked - so ordinary people were dealt with fairly, so they could make informed decisions about their finances - we didn't just change the law. we changed the way the government did business. for years, the job of protecting consumers was divided up in a lot of different agencies. so if you had a problem with a mortgage lender, you called one place. if you had a problem with a credit card company, you called somebody else. it meant there were a lot of people who were responsible, but that meant nobody was responsible. and we changed that. we cut the bureaucracy and put one consumer watchdog in charge, with just one job -- looking out for regular people in the financial system. now, this is an idea that i got from elizabeth warren, who i first met years ago. back then -- this is long before the financial crisis -- elizabeth wa
this morning. big story here. we're going to look at a nuclear plant in tennessee called watts bar where a recent federal inspection found more than 40 significant problems. 40. it is a crucial issue, especially after japan's recent nuclear meltdown. one critic says regulators are gambling with people's lives. we're going to hear more from armen keteyian in this investigation. >> something you don't want to miss when you think about the future of this country's energy policy. but we begin with britain's tabloid scandal, and an unprecedented day for the owner at the center of it. rupert murdoch faces questioning by british lawmakers, who want to know more about cell phone hacking, police payoffs, and other alleged wrongdoing by reporters at his newspapers. cbs news correspondent elizabeth palmer is in london outside the house of parliament with the latest. good morning, liz. >> good morning. the murdochs are going to appear in about 2 1/2 hours from now. technically, at a session of the commons committee on culture, media and sports. but i'll tell you, in atmosphere it's much more like a
stronger than expected earning result from big companies like ibm and coca- cola. the company said it sold more drinkers around the world in the second quarter. but goldman sachs, fell short of expectations in earnings because of stock declined and bond trading revenue. the bank cfo say it will likely lay off about 1000 employees. president obama said there has been some progress in negotiations over the nation's debt ceiling. the president praised the proposal by a bipartisan group who say their agreement on a plan that will cut the deficit by more than $4 trillion. the deadline is august 2. shares of news corporation rose today after son rupert murdoch and son james testified today. murdoch said he didn't know his company paid out big sums of phone hacking victims. and pittsburgh steelers running back rashard mendenhall is suing for $1 million in damages after champion sports apparel dropped his deal about tweet about osama bin laden. that's your money watch. >>> imagine riding a bike from city to city helping habitat for humanity build several homes. that's one group of riders has done
into a full-time job and eventually led to her relationship with murdoch. >>> now to potentially big, big news in washington. debt talks, big news and a very significant step forward today, says president obama, just a short time ago. the president announced the so-called senate gang of six made of members from both parties has floated this new proposal that he, the president, can work with. the bipartisan group had thrown in the towel, ditched an earlier effort to find a debt reduction package okay to both parties and now at this late date 14 days until a potential government default. they're back with a plan that the president says includes deep spending cuts and, yes, also includes tax increases. here's the president. >> here's where we stand. we have a democratic president, an administration that is prepared to sign a tough package that includes both spending cuts, modifications to social security, medicaid, and medicare that would strengthen those systems and allow them to move forward and would include a revenue component. we now have a bipartisan group of senators who agree with that ba
Search Results 0 to 49 of about 117 (some duplicates have been removed)